Mortgages

Amend an existing application

You can make the following amendments to your first direct online mortgage application:

  • Loan amount
  • Mortgage term
  • Mortgage type (i.e. change from Offset to Repayment only)
  • Interest rate (e.g. change to Fixed, Tracker or Standard Variable)

In order to make amendments you'll need to:

1. Use our 'compare our mortgages' tool to find the mortgage that you would now wish to change to – remembering to select 'Amending an existing application'

2. Select 'Further info' followed by 'Apply Now'

3. Then simply follow the on-screen instructions

Please Note: You'll need to complete a new mortgage application if you want to make any other amendments to your online mortgage application or if your application was submitted over 5 months ago. If you do not wish to amend your interest rate, but cannot find the interest rate you originally applied for, please call us on 08 456 100 103.

Back Continue

Offset Mortgage calculator



The offset calculator is designed to provide an overview of the amount of interest you could save on a monthly basis and over the term of your interest-only Offset Mortgage by offsetting your current account and savings balances.

Warning - the information provided by this tool is for illustrative purposes only and is not a precise calculation. This information does not include all of the details you need to select a mortgage or compare mortgages. Make sure you read the separate Key Facts Illustration before you choose a mortgage.

Get Adobe Flash player
Click here to view the HTML version of this tool

 

Calculator Assumptions

  • Interest rate - the calculator assumes that the interest rate will remain the same for the term of the mortgage
  • Length of month - months are of equal length and are set at 30.4 days so the monthly interest will not differ
  • Rounding of payment amounts - amounts are rounded up or down accordingly for display purposes
  • Interest - interest is calculated daily and added monthly
  • Amount of interest saved - interest saved is rounded up or down accordingly for display purposes
  • Total savings balance - the calculator assumes that the total savings balance illustrated is held in a linked account(s) and remains constant throughout the term of the mortgage. If the total savings balance is increased/decreased on an adhoc basis the monthly interest payments will also increase/decrease respectively.
  • Mortgage amount - as this is an interest only mortgage, at the end of the mortgage term there will still be an outstanding balance of the original mortgage amount. You must ensure you have a repayment plan in place to repay this balance.

Warning - the information provided by this tool is for illustrative purposes only and is not a precise calculation. This information does not include all of the details you need to select a mortgage or compare mortgages. Make sure you read the separate Key Facts Illustration before you choose a mortgage.


Think carefully before securing other debts against your home.
Your home may be repossessed if you do not keep up repayments on your mortgage.


Have a question?

Contact us

If you're new to first direct

0800 48 24 48


first direct account holders

08 456 100 103


first direct mortgage holders

08 456 100 173




Can't find what you're looking for?